Aman Feed Limited IPO Approved – www.amanfeed.com. Securities Regulator (BSEC) today approved the initial public offering of Aman Feed Limited (AFL) to raise fund to issue 2 crore ordinary shares at offer value 36 taka including 26 taka premium. Aman Feed Ltd will withdraw total 72 cores taka from the general public.
The decision was taken at a 541 regular meeting of the commission chaired by its chairman Mr. Khairul Hossain. BSE Executive Director Mr. Saifur Rahman said by a press release about this new issue.
Aman Feed Limited will use the IPO money for repayment of bank loans, business expansion, meeting up working capital requirements and IPO expenses.
As per press release, the earring per share (EPS)=Tk 4.97/- and net asset value (NAV)=Tk 30.77/- per share as per financial statement ended on 31st December 2014.
This company will collect IPO money through BSCEC new rules, i.e only Broker House should collect IPO money. Investor are allowing to submit their IPO application through respective Broker House only.
Lanka Bangla BSML Investment Ltd is the issue manager of the IPO.
Workload Aman Feed IPO Result:
Lottery held today 24 June 2015 at 10.00am
Aman Feed Ltd IPO lottery result download from here
About Aman Feed Limited (AFL):
Aman Feed Limited (AFL) was established since 2005 and commercial production was started on July 12, 2006 with small size. After that expanded its production capacity on regular basis over the years to met-up the increased demand by installing moderns machinery.
The Company is primarily engaged in manufacturing and distribution of high quality Feed for Poultry, Fish, Shrimp and Cattle. At present, Production capacity of the Co is 10MT/hour & estimated production 6000MT/month. Through its more than 200 dealers, aman feed reaches its customers outside of the Country also. AFL is managed the international standard of management, like ISO 9001:2008 Certificate and HACCP (Hazard Analysis and Critical Control Point) certificates.
Nature of the Business:
Manufacture, distribute and sale of Feed for Poultry, Fish, Shrimp and Cattle feed also.
Principal Products & Services:
Aman Feed Ltd produces and distributes feeds that are used for broiler and layer chicken. Aman also producing fish feed, shrimp feed and cattle feed.
9, Rajuk Avenue, Motijheel C/A, Dhaka-1000
Phone: 880-2-7175023, 880-2-9563066, FAX: 88-02-7175024
Ratan Kawak, Ullahpara, SirajgonjCorporate Office:
2, Ishakha Avenue, Sector No-6, Uttara , Dhaka – 1230.
PH-880-2-7911691-3, 880-2-7911016, 880-2-8962297, FAX-880-2-8920510Web: www.amanfeed.com
Summery of the IPO:
Lot : 200
Each lot Price: 7,200 /-
Per Lot : 36/-(with premium 26/-)
EPS : 4.97/-
NAV : 30.77 /-
Total Share : 2 core
Aman Feed Limited IPO Subscription:
Aman Feed Limited IPO Approved – www.amanfeed.com, hence IPO application forms and prospectus will be available here soon. You could download IPO Applications Forms here.
Subscription will be started on 25th May to 4th June 2015.